Berkshire Hathaway annual meeting live updates: Warren Buffett to address coronavirus, stock losses

, along with financial journalist Carol Loomis, will also ask questions. It is set to begin at 5 pm ET.Going by the company's first-quarter 10-Q filing, it appears Buffett was not chomping at the bit to buy more stock or companies outright during the coronavirus market rout.

The filingon its balance sheet at the end of the first quarter, up from about $127 billion at the end of the year. Also, the company spent just $1.8 billion buying stocks and just $1.7 billion repurchasing Berkshire Hathaway shares. It will be interesting to see if Buffett is in fact waiting for more clarity that the economy is not going through a more lasting setback because of the pandemic.

JohnMelloy You are killing it on the BH updates brother! Thank you!

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Warren Buffett’s Berkshire Hathaway Reports $49.7 Billion Loss for First QuarterBerkshire Hathaway swung to a first-quarter loss as the selloff in markets hit the company’s vast investments, though the company’s operating earnings rose in the quarter. 🎉 🎊 🎈 🔥 🎉 🎊 🎈 🔥 Wow. He's probably not that worried about it. I'm sure the company still has several billions. And they simply have to wait for the market to rebound. And they will. Holy Creeps🙆🏽‍♂️🙆🏽‍♂️🙆🏽‍♂️
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